Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Accounting Managers
Financial Services, Accounting
Jean L. Gill
Assistant Controller
Financial Services Accounting
Closure of Dormitory Construction Fund Accounts and Claim Schedules issued to return balances to the Campuses Trust Funds
Legal Posting: FY 2010-11
GAAP Posting: FY 2010-11
(When GAAP year = Legal year, no GAAP entry is needed)
Per a request from Rosa Renaud, Manager Finance and Treasury, claim schedules were filed with the State Controller’s Office to clear the balances in the Dormitory Construction Fund (DCF 0576) accounts. Per Rosa’s instructions, the warrants were forwarded to the campus contact. Please refer to the attached worksheet for the accounting entries. In order for our firms AR/AP reporting to agree at month-end, the campus must post this entry to trust fund 0948 and the listed CSU fund on the attached worksheet sheet. If the state does not process the claim within the same month, then an accrual reversal entry must be made.
Questions or comments regarding this report should be directed to Angelene Renaud at (562) 951-4613 or via email at arenaud@calstate.edu.
JLG:AR;td
ADNOAT 11-011
Attachment